RARE redevelopment opportunity in PRIME Al Tahoe neighborhood, directly across from Regan Beach and the brilliant blue waters of South Lake! With spectacular single- or multi-family potential, this offering features 2 parcels totaling 11,325 sq ft. It's just 1 minute to the dog-friendly beach and lush grassy park + playground and a few blocks to amazing food, wine, music, boat launch ramp, Lakeview Commons and more. Existing 4 units: two 3-bds/2-ba, one 2-bds/1-ba, one 1-bd/1-bath. Ready for transformation into spacious and stunning custom home or multi-family project with income potential. Open Sat + Sun to serious all cash buyers.